Monday, January 12, 2009
Palm “New-ness”: A Share Price of $6.10
Palm’s long-suffering investors are today basking in the company’s “new-ness”–specifically, a stock that’s continuing the big rally it began last week after the announcement of the Palm Pre handset and Web OS. As I write this, Palm is trading at $6.10–up an astonishing 85 percent since its big announcement. And it seems destined to go higher still, given the enthusiastic reception analysts have given it.




